Arrow Syndicate 1910 to enter Lloyd’s market
Arrow Syndicate 1910 (Arrow Syndicate) is to enter the Lloyd’s insurance market in January 2008. Arrow Syndicate, which is a Goldman Sachs business, has obtained approval in principle from the Lloyd’s Franchise Board to begin writing for the 2008 year of account.
Arrow Syndicate will underwrite a worldwide book of property catastrophe and other (re)insurance business. The transaction is subject to customary regulatory approval and other conditions. Arrow Syndicate has been developed as a turn key operation in conjunction with insurance investment and services provider Whittington Group.
Its managing agency, Whittington Capital Management, led by CEO Stephen Cane, sponsored the formation of the syndicate and will provide third party services and other
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